Software company Salesforce plans to significantly expand its operations center and establish its regional headquarters in downtown Indianapolis, Indiana. The company will invest more than $40 million over the next 10 years at 111 Monument Circle, which will be rebranded Salesforce Tower, with plans to create up to 800 new jobs by 2021.
The new headquarters will house both Salesforce and Salesforce Marketing Cloud, founded as ExactTarget in 2000. Plans for the new office include collaboration spaces, mindfulness areas and social zones. The company also plans to renovate the lobby and create a dedicated space where guests can experience interactive, hands-on demonstrations of the Salesforce Customer Success Platform.
“Salesforce is among Indiana’s largest technology employers, and we’re thrilled to be investing for further growth in Indianapolis,” said Scott McCorkle, CEO of Salesforce Marketing Cloud. “Salesforce Tower Indianapolis, our regional headquarters, will give our employees a fantastic place to work and serve our customers and community every day.”
“Today’s outstanding commitment from Salesforce proves without a doubt that Indiana is now the Midwest hub for technology and innovation,” said Governor Mike Pence. “In recent years, the technology sector has added more than 5,000 jobs in central Indiana alone, growing at a rate more than triple the national average. Global leaders like Salesforce have a world of options to consider for growth, and I am excited that the Salesforce team has once again selected the Hoosier state to create hundreds of high-wage, quality jobs. Powered by a talented workforce and a low-tax, low-regulation business climate, I am confident that this regional headquarters will propel Salesforce to new heights, advancing innovation for years to come.”
Pending approval from the Indiana Economic Development Corporation Board of Directors, the IEDC will offer Salesforce up to $17,200,000 in conditional tax credits and up to $750,000 in training grants. These tax credits are performance-based and will apply after Salesforce attains its current hiring goal of 1,560 associates in Indiana. The city of Indianapolis will consider additional incentives.